TE Connectivity's Board Approves Recommendation for Quarterly Dividend Increase of 17% and Raises Share Repurchase Authority by $1.5 Billion

TE Connectivity TEL Board of Directors approved a recommendation to increase the quarterly dividend 17%, from $0.18 to $0.21 per share, for the four fiscal quarters beginning with the third quarter of 2012.  This recommendation will be presented for shareholder approval at the company's Annual General Meeting of Shareholders in March 2012.